Bitcoin to Dollar : 1 bitcoin to Dollar, Dollar to bitcoin, Bitcoin convert in dollar, Bitcoin prize in dollar. Currency Exchange dollar to bitcoin

As the price of the cryptocurrency continues to soar, the Federal Reserve apparently is giving thought to having a product like bitcoin for its own. William Dudley, president and CEO of the Federal Reserve Bank of New York, said at a conference Wednesday that the Fed is exploring the idea of its own digital currency, according to reports from Dow Jones. Any product likely would be well off in the future, he said, adding that it would be "very premature" to estimate when the Fed would come up with its own offering, according to Bloomberg.

Nasdaq is hopping on the bitcoin bandwagon. The exchange operator is set to launch a bitcoin futures product next year, a person familiar with the matter told Business Insider. Two Chicago-based exchanges, CME and CBOE, have also announced bitcoin futures products, which would allow investors to bet on the future price of bitcoin. They would also be likely to dampen bitcoin's spine-tingling volatility and help the cryptocurrency push further into the mainstream.

The price of Bitcoin has declined significantly in the past couple of days, after rising 1,850% in the past two years. Here are four reasons why.

The introduction of Bitcoin futures contracts will remove a lot of the financial risk associated with the cryptocurrency.

Bitcoin and other cryptocurrencies have exploded in value—making them an ever-more attractive target for scammers and hackers. Here's how to protect investment.

It may not be weighty yet, but it's speedy.

A potential move by global brokerages to offer products around cryptocurrencies could have a big impact on the wider market, analysts at Bank of America Merrill Lynch wrote. In an Oct. 16 research note entitled "Introducing cryptocurrencies – what are they good for?", the analysts tackle bitcoin as well as other cryptocurrencies such as ethereum and XRP. The note both covers the basics of the market and dives more specifically into the growing galaxy of open blockchain networks in operation today.

After months of acting like a scavenger, you’ve finally filled up the jar which sits so elegantly on the table; the very same table where you have been studying arithmetic the entire semester before you and your friends could finally take off for summer break. The jar, which radiates a holy bronze aura, has ensured that you will have a summer break filled with joy; now, you can go down to the local candy shop every Saturday to pick up enough candy to make you sick after shoving down all that sugar in a matter of hours (but oh man was it worth it!). The jar, you may ask, what was in it? The jar was filled with pennies.

Mobile pay is taking China by storm and changing daily commerce. The transformation of a society limited to bills denominated in 100 yuan ($15) or less into one where QR payment codes abound was by far the biggest change in mainland China since my last visit four years ago. When eating out or shopping with local friends, they paid by scanning a QR code on the restaurant table or by showing a similar code on their smartphones to the store clerk.

Russian media has conducted interviews with several representatives of the country’s bitcoin mining industry. The investigation has provided unique insights into an expansive industry that penetrates all levels of Russian society, ranging “from schoolchildren to pensioners”.

Despite its name, cryptocurrency isn't just money. It could also be debt or equity and so it should be regulated and taxed in the same way as other finance.

The battle lines have been drawn between sovereign governments and the legitimacy of cryptocurrencies, warned anti virus software pioneer John McAfee during the first global blockchain technology event in Hong Kong since China imposed a ban on cryptocurrency sales and trading on exchanges earlier this month. Among core issues in the US$150 billion industry are how nations can apply taxation to cryptocurrency transactions and whether there should be curbs on the ability for bitcoin and other virtual currencies to facilitate global fund flows.

The recent crackdown on cryptocurrencies in China is a prelude to the assertion of control over this area by the Chinese authorities.

Bridgewater Associates founder Ray Dalio said Tuesday he is not a believer in cryptocurrencies. "Bitcoin today you can't make much transactions in it. You can't spend it very easily," Dalio said on CNBC's "Squawk Box." "It's not an effective storehold of wealth because it has volatility to it, unlike gold," the hedge fund founder added. "Bitcoin is a highly speculative market. Bitcoin is a bubble."

This time it has been accused of secretly planting an in-browser cryptocurrency miner on its website that utilizes its visitors' CPU processing power

Crypto systems regulate themselves.

Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co (JPM.N), said on Tuesday. Speaking at an investor conference in New York, Dimon said, “The currency isn’t going to work. You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart.” Dimon said that if any JPMorgan traders were trading the crypto-currency, “I would fire them in a second, for two reasons: It is against our rules and they are stupid, and both are dangerous.”

Chinese authorities plan to shut down domestic bitcoin exchanges, delivering a final blow to the once-thriving industry of commercial trading for virtual currencies.

Oaktree Capital's Howard Marks says he will not invest in bitcoin even though it can be used as a legitimate form of currency.